Riyad Capital issued Q1 2024 earnings forecasts for several banks and companies under coverage.
The following table shows Riyad Capital’s earnings forecasts for banks and firms for Q1 2024:
| 
			 Riyad Capital Q1 2024 Profit Estimates (SAR mln)  | 
		||
| 
			 Company  | 
			
			 Q1 2024 (Projected)  | 
			
			 Change YoY  | 
		
| 
			 Petrochemicals  | 
		||
| 
			 SABIC  | 
			
			 106  | 
			
			 (84%)  | 
		
| 
			 SABIC Agri-Nutrients  | 
			
			 512  | 
			
			 (48%)  | 
		
| 
			 Tasnee  | 
			
			 (96)  | 
			
			 --  | 
		
| 
			 Yansab  | 
			
			 44  | 
			
			 --  | 
		
| 
			 Sipchem  | 
			
			 174  | 
			
			 (63%)  | 
		
| 
			 Advanced  | 
			
			 14  | 
			
			 (67%)  | 
		
| 
			 Saudi Kayan  | 
			
			 (919)  | 
			
			 --  | 
		
| 
			 SIIG  | 
			
			 33  | 
			
			 --  | 
		
| 
			 Banks  | 
		||
| 
			 BSF  | 
			
			 1109  | 
			
			 +3%  | 
		
| 
			 SAB  | 
			
			 1815  | 
			
			 +3%  | 
		
| 
			 ANB  | 
			
			 1106  | 
			
			 +4%  | 
		
| 
			 Al Rajhi Bank  | 
			
			 4291  | 
			
			 +4%  | 
		
| 
			 Bank Albilad  | 
			
			 591  | 
			
			 +6%  | 
		
| 
			 Alinma Bank  | 
			
			 1418  | 
			
			 +46%  | 
		
| 
			 SNB  | 
			
			 5117  | 
			
			 +2%  | 
		
| 
			 Telecommunications  | 
		||
| 
			 stc  | 
			
			 3141  | 
			
			 +1%  | 
		
| 
			 Mobily  | 
			
			 509  | 
			
			 +9%  | 
		
| 
			 Zain KSA  | 
			
			 83  | 
			
			 (85%)  | 
		
| 
			 Software and Services  | 
		||
| 
			 solutions  | 
			
			 333  | 
			
			 +10%  | 
		
| 
			 Elm  | 
			
			 396  | 
			
			 +23%  | 
		
| 
			 Health Care Equipment and Services  | 
		||
| 
			 Sulaiman Al Habib  | 
			
			 535  | 
			
			 +9%  | 
		
| 
			 Mouwasat  | 
			
			 209  | 
			
			 +25%  | 
		
| 
			 Cement  | 
		||
| 
			 Yamama Cement  | 
			
			 535  | 
			
			 (38%)  | 
		
| 
			 Saudi Cement  | 
			
			 209  | 
			
			 (24%)  | 
		
| 
			 Qassim Cement  | 
			
			 535  | 
			
			 (13%)  | 
		
| 
			 Southern Cement  | 
			
			 209  | 
			
			 +10%  | 
		
| 
			 Yanbu Cement  | 
			
			 535  | 
			
			 (26%)  | 
		
| 
			 Riyadh Cement  | 
			
			 209  | 
			
			 --  | 
		
| 
			 Other Sectors  | 
		||
| 
			 Almarai  | 
			
			 604  | 
			
			 (5%)  | 
		
| 
			 Jarir  | 
			
			 281  | 
			
			 +13%  | 
		
| 
			 Saudi Electricity*  | 
			
			 403  | 
			
			 (16%)  | 
		
| 
			 BinDawood Holding  | 
			
			 96  | 
			
			 +86%  | 
		
| 
			 MARAFIQ  | 
			
			 110  | 
			
			 +3%  | 
		
| 
			 Riyadh Cables  | 
			
			 139  | 
			
			 +11%  | 
		
| 
			 Maaden  | 
			
			 2086  | 
			
			 +397%  | 
		
| 
			 Nahdi  | 
			
			 244  | 
			
			 --  | 
		
| 
			 Aldawaa  | 
			
			 122  | 
			
			 +60%  | 
		
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